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20121001
20121001
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side economics dead? >> sup pry economics is true economics. and and actually excited to mitt romney running for president because bain company was one of the providers of the foundation of supply side economics. there are -- they applied it to business that. they showed how the most effectivive way for businesses to gain share market share was to cut the prices. and you could cut prices at your business gaining market share because cost drop by about 20 to 30% with each doubling of total units that sold. the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creat
people you get to the presidential campaign and one of the things the romney campaign had to do after this summer when they won the nomination is the voter science team and increasingly that sort of function is becoming a core function of the campaign. it used to be that to the extent you had a that was less for fund-raising and you could buy them from the voters or consultants. people now have what they call different things but it's basically the core function of the modern campaign to have a discussion on the voter side crunching and processing data. >> host: if we were to go to the romney campaign, how many people -- is there a lot of young staff? >> guest: in chicago dozens of people on how you define it in the fund raising data online analytics in every state they are hiring for better data jobs and voter file managers and targeting directors that's the the bombing campaign has thousands around the country and they are directly interacting with every day. >> do you think the party of the republicans or democrats is more at that at using this technique or are they all the same le
, everybody knows mitt romney is having a rough patch as presidential candidate, but all right, all right. but a sentence i have not heard uttered anywhere is, if only donald trump had been the nominee. [laughter] because as you recall he sort of build his campaign around the idea that barack obama was born in kenya, or somewhere other than the united states. but that campaign could not take off exactly. mitt romney is therefore better or worse. and in all seriousness, when barack obama's parents got married in 1960, it wasn't in kenya. it was in hawaii. they got married in hawaii. there were people in prison in this country for racial intermarriage. that's no joke. it was illegal in 20 states in 1960, and it gives you an idea of how much the country has changed in a good way. but right after richard nixon became president, for vacancies appeared on the sprinkler. you never know how that's going to work. jimmy carter is the only president in american history to serve a full term without having a single nominee. there were no vacations while he was there. richard nixon was only president f
if you look at what they have said on this issue, both obama and romney's plans are vague. if i were moderating the debate that is coming october 3rd, i would spend about half of it asking them what would you do specifically. give us the diagnosis of the plan -- [applause] and tell us what you're really going to do. and part of that question is there has to be a willingness to compromise, and there has to be an innate willingness to do things that are painful for your side. i'm going to stop there, and we'll do questions. one more story. remember years ago the head of simon & schuster after i had published one of my books took me to dinner in new york city at one of these restaurants where you would never want to go where you have to pay. [laughter] and he said what's your next book going to be about in and i said, oh, well, i haven't decided. i'm going to do some thinking, some reading, some research. and he looked at me and said, what? i said, yeah, i want to do thinking, reading, reporting, weighing the alternatives, and he said why are you going to waste your time? [laughter] i s
broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a fair fight? is that a fair issue? >> guest: you know, china has to live up to its obligations under the world trade organization like anyone else, but, you know, here we in the mall, washington monument there, white house there, constitution avenue. when you see the chinese feeling what really is of value, it's hiding in plain sight, the declaration of independence and the bill of rights, then you should start to worry, but if they cheat here and there, they take the next thing we produce because we have that incredible foundation here of rule of law, protection of property, and a wonderful society that spins off innovation. >> host: michael, do you foresee china becoming the world's largest economy, and is that a bad thing? >> guest: it's not a bad thing for china to become the world's larges
Search Results 0 to 4 of about 5